Sherry Cooper Quotes
Clearly the new paradigm is alive and well... While (Federal Reserve Chairman Alan) Greenspan downplayed the policy significance of CPI in his remarks last night, it is still a major positive for investors that core inflation remains benign. 
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Paradigm | Alive | Federal | Reserve | Chairman |
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The U.S. housing market appears to be gradually losing steam under the weight of higher mortgage rates... Even so, the market remains exceptionally healthy by any yardstick.
- Sherry Cooper
Bearing in mind that the Fed wants higher inflation, the news is not unwelcome. And the market will remain firmly in the camp that the Fed will not tighten soon... Nevertheless, the risks from the PPI are easy to see and look real in light of the big decline of the dollar and rise in import costs that preceded them.
- Sherry Cooper